Category: The Credebt Exchange® Story

Investor Road Show II

The second Investor & Intermediary road show concludes with a further 10 Intermediaries being appointed as agents for Credebt Exchange®. This brings the total number of…

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Exchange Opens for Business

The first two Investors both confirmed their initial investments in ETR today. Both are deposit investments and the Buy rate commences on 25th February for an initial…….

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Intermediary Growth

As the New Year starts the number of Intermediaries has grown substantially now that ETR have both capital and yield protection. The ETR Repurchase forms a central part of the Credebt Exchange®……

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Credit Insurance

Official credit insurance negotiations commenced on an exclusive basis with AIG today. Subject to the outcome of these negotiations ETR will be credit enhanced…

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€ 5.0m Equity

Despite the ‘Frankenstorm’ followed by severe snow storms, this late evening telephone call from New York, confirmed the equity valuation of €5.0M.  Subject to due diligence, the Exchange …

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Investor Road Show I

Today saw the completion of the initial Investor ‘mini road show’ and began with the first signed Investment Intermediary Agreement. This confirmation underpins the…

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Master Agreement Drafted

After nine months of careful consideration, the first draft of the Master Agreement is finalised and ready for use by all Members of the Exchange. Its importance is central to the Exchange’s efficient and legal…

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Investor Initiative Begins

Selection and marketing to the initial ‘Investor pool’ commenced today and is expected to continue throughout September into late October…

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Strategic Partner Selection

Initial marketing to specific strategic partners commenced today ahead of the planned Investor initiative for September as the Exchange prepares to formally enter the market…

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Automated Clearing

With the assistance of IBM® and the co-operation of Danske Bank, the decision to automate trade clearing has been agreed. The decision is based on the need for efficiency and security in the…

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